Newspaper Dagens Industri noted the fact that after a poor fourth quarter performance and subsequent fall in the stock price, Ericsson has dropped out of the podium when the largest companies in Swedish stock exchange are listed. Engineering firm Alfa Laval rises to replace it at number 3. Clothing retail giant H&M is far ahead of the field with Nordea Bank coming in at number 2.
Top 10 consists of mainly banks and engineering companies. Firms that have their primary listing elsewhere such as AstraZeneca and ABB aren't included. Here is the current list as compiled by the newspaper (market cap in SEK/billions, excluding unquoted shares such as H&M class A):
1. H&M 327,3
2. Nordea Bank 239,8
3. Atlas Copco 199,2
4. Ericsson 198,8
5. TeliaSonera 196,5
6. Volvo 194,2
7. Sandvik 125,9
8. Svenska Handelsbanken 126,4
9. Swedbank 114,3
10. Skandinaviska Enskilda Banken 95,3
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